Major Rating Factors:
Fair current capitalization (4.8 on a scale of 0 to 10) based on a net capital to total assets of 7.1 and a net worth ratio of 9.2. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.9 on a scale of 0 to 10).
Other Rating Factors:
A current level of 8.0 percent of nonperforming loans to core capital combined with 3.7 percent from a year earlier contributes to the Excellent asset quality (7.1). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 0.4 has resulted in Good (5.2) profitability.
Asset Mix:
Consumer loans (30%), home mtgs (28%), securities (1%), other (41%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
3131 North I-10 Service Road E
Metairie, LA 70002
Metairie, LA 70002
Phone Number
(504) 733-7274
NCUA Charter Number
Website
Largest Competitors
Metairie, LA
Metairie, LA
Metairie, LA
Metairie, LA
Metairie, LA